Gothenburg-based carrier SOL Lines has taken a majority stake in Swedish freight forwarder Scanlog, in another example of vertical integration in the supply chain.
SOL Lines announced today it had increased its stake in the 3PL from 20% to just over 50%, with chairman Michael Kjellberg saying the acquisition gave the company greater opportunity for providing end-to-end solutions.
“We’re aware that a number of our customers want logistics suppliers with the ability …

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Source: The Loadstar